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MBK subsidiary PRG acquires 20.03% stake in VIH

MBK subsidiary PRG acquires 20.03% stake in VIH

Prachachat•Economy•1h ago

Reader Briefing

PRG, a subsidiary of MBK, has acquired a 20.03% stake in VIH via a big lot trade from BBTV Equity.

  • •PRG acquired 125.66 million shares of VIH.
  • •The acquisition represents a 20.03% shareholding proportion.
  • •The shares were sold by BBTV Equity, who sold all of their holdings.
  • •VIH confirmed the transaction does not trigger a mandatory Tender Offer.

Overview

  • •PRG, a subsidiary of MBK, acquired 125.66 million shares of VIH.
  • •The acquisition results in PRG holding a 20.03% stake in VIH.
  • •BBTV Equity sold all of its shares in VIH to PRG through a big lot transaction.
  • •VIH stated that the transaction does not reach the threshold for a Tender Offer according to Capital Market Supervisory Board criteria.
  • •VIH stated that VIH was not a party to the contract and was not involved in the trade between BBTV Equity and PRG.
  • •VIH stated that the change in shareholder structure has no effect on the administrative structure, business operations, objectives, or policies of VIH.
  • •VIH continues to operate its business as normal.

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Key Entities

Organization

MBK
The parent company of PRG.
PRG
A subsidiary of MBK that acquired a 20.03% stake in VIH.
Vichai Vej Hospital(รพ.วิชัยเวช)
The medical institution associated with VIH.
VIHℹ️
The company whose shares were acquired by PRG.
BBTV Equity
The entity that sold all its VIH shares to PRG.
Capital Market Supervisory Board(คณะกรรมการกำกับตลาดทุน)
The body whose criteria determine the requirement for a Tender Offer.